First Citizens Bancshares (FCNCA) Interest Expense - Deposits: 2016-2024
Historic Interest Expense - Deposits for First Citizens Bancshares (FCNCA) over the last 9 years, with Dec 2024 value amounting to $957.0 million.
- First Citizens Bancshares' Interest Expense - Deposits rose 10.64% to $957.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $3.9 billion, marking a year-over-year increase of 54.75%. This contributed to the annual value of $3.9 billion for FY2024, which is 54.75% up from last year.
- Latest data reveals that First Citizens Bancshares reported Interest Expense - Deposits of $957.0 million as of Q4 2024, which was down 4.68% from $1.0 billion recorded in Q3 2024.
- First Citizens Bancshares' Interest Expense - Deposits' 5-year high stood at $1.0 billion during Q3 2024, with a 5-year trough of $8.0 million in Q2 2021.
- Moreover, its 3-year median value for Interest Expense - Deposits was $672.0 million (2023), whereas its average is $558.0 million.
- In the last 5 years, First Citizens Bancshares' Interest Expense - Deposits tumbled by 62.80% in 2021 and then spiked by 2,100.00% in 2022.
- Over the past 5 years, First Citizens Bancshares' Interest Expense - Deposits (Quarterly) stood at $11.4 million in 2020, then dropped by 29.96% to $8.0 million in 2021, then surged by 2,100.00% to $176.0 million in 2022, then surged by 391.48% to $865.0 million in 2023, then rose by 10.64% to $957.0 million in 2024.
- Its Interest Expense - Deposits was $957.0 million in Q4 2024, compared to $1.0 billion in Q3 2024 and $975.0 million in Q2 2024.